Saturday, July 30, 2011

Twenty-six AK-74 assault rifles, above, and one Dragunov sniper rifle were stolen from a supply warehouse at Fort Irwin in San Bernardino County.

July 31, 2011

FORT IRWIN, Calif. – More than two dozen assault rifles have been stolen from a Southern California military base, and investigators sought the public's help as they looked to arrest suspects and recover the weapons, federal officials said Friday.

Some arrests have been made and one rifle has been recovered, but the agency is offering a reward of up to $10,000 for information leading to further arrests, the statement said.

"Community participation is necessary to improve the likelihood that ATF and our law enforcement partners will track down the firearms as well as the criminals who have sought to destabilize our community through illegal activity," ATF Special Agent in Charge John A. Torres said in the statement.

ATF spokesman Special Agent Christian Hoffman could not say when reached by phone how many were arrested, whether they were military or civilian or what motive they may have had.

He referred those questions to military officials, who made the arrests. Phone and email messages left late Friday for a spokesman from the U.S. Army Criminal Investigations Command, which is investigating the theft along with the ATF and theFBI,were not immediately returned.

Hoffman also could not say why word of the theft did not become public for two weeks, but said his agency decided to issue a news release because of the potential danger the loose weapons posed.

"We determined that there was a public safety issue with the guns getting out on the street," he said.

NEW YORK (AP) — Letters written by Helen Keller. Forty-thousand photographic negatives of John F. Kennedy taken by the president's personal cameraman. Sculptures by Alexander Calder and Auguste Rodin. The 1921 agreement that created the agency that built the World Trade Center.

In some cases, the inventories were destroyed along with the records. And the loss of human life at the time overshadowed the search for lost paper. A decade later, agencies and archivists say they're still not completely sure what they lost or found, leaving them without much of a guide to piece together missing history.

"You can't get the picture back, because critical pieces are missing," said Kathleen D. Roe, operations director at the New York State Archives and co-chairwoman of the World Trade Center Documentation Project. "And so you can't know what the whole picture looks like."

The picture starts in the seven-building trade center complex. Hijackers flew jetliners into the twin towers on Sept. 11, 2001, which collapsed onto the rest of the complex, which included three smaller office buildings, a Marriott hotel and U.S. Customs. 7 World Trade Center, a skyscraper just north of the twin towers, collapsed that afternoon.

The trade center was home to more than 430 companies, including law firms, manufacturers and financial institutions. Twenty-one libraries were destroyed, including that of The Journal of Commerce. Dozens of federal, state and local government agencies were at the site, including the Equal Employment Opportunity Commission and the Securities and Exchange Commission.

The Central Intelligence Agency had a clandestine office on the 25th floor of 7 World Trade Center, which also housed the city's emergency command center and an outpost of the U.S. Secret Service.

The first tangible losses beyond death were obvious, and massive.

The Cantor Fitzgerald brokerage, where more than 650 employees were killed, owned a trove of drawings and sculptures that included a cast of Rodin's "The Thinker" — which resurfaced briefly after the attacks before mysteriously disappearing again. Fragments of other sculptures also were recovered.

The Ferdinand Gallozzi Library of U.S. Customs Service in 6 World Trade Center held a collection of documents related to U.S. trade dating back to at least the 1840s. And in the same building were nearly 900,000 objects excavated from the Five Points neighborhood of lower Manhattan, a famous working-class slum of the 19th century.

The Kennedy negatives, by photographer Jacques Lowe, had been stowed away in a fireproof vault at 5 World Trade Center, a nine-story building in the complex. Helen Keller International, whose offices burned up when its building, a block from the trade center, was struck by debris, lost a modest archive. Only two books and a bust of Keller survived.

Classified and confidential documents also disappeared at the Pentagon, where American Airlines Flight 77 slammed into it on 9/11.

There is absolutely no doubt in my mind that the biggest reason America is in the mess that it’s in today is directly due to the apathy and indifference of the American pulpit. I am reminded of what Charles Finney, the famed 19th Century revivalist, said: “If there is a decay of conscience, the pulpit is responsible for it. If the public press lacks moral discernment, the pulpit is responsible for it. If the church is degenerate and worldly, the pulpit is responsible for it. If the world loses its interest in Christianity, the pulpit is responsible for it. If Satan rules in our halls of legislation, the pulpit is responsible for it. If our politics become so corrupt that they very foundations of our government are ready to fall away, the pulpit is responsible for it.”

Our second President, John Adams, put it this way: “It is the duty of the clergy to accommodate their discourses to the times, to preach against such sins as are most prevalent, and recommend such virtues as are most wanted. For example, if exorbitant ambition and venality are predominate, ought they not to warn their hearers against those vices? If public spirit is much wanted, should they not inculcate this great virtue? If the rights and duties of Christian magistrates and subjects are disputed, should they not explain them, show their nature, ends, limitations, and restrictions, howmuchsoever it may move the gall of Massachusetts?”

Martin Luther, the great Protestant reformer, was even more direct. He said, “If I profess with the loudest voice and clearest exposition every portion of the truth of God except precisely that little point which the world and the devil are at the moment attacking, I am not confessing Christ, however boldly I may be professing Christ. Where the battle rages, there the loyalty of the soldier is proved. And to be steady on all the battle fields besides is merely flight and disgrace if he flinches at that point.”

For at least the past half-century Christian pastors and churches have been all but neutered. On the whole, they have ignored Christ’s admonition to be the “salt of the earth,” and as a result, have failed to do much of anything to preserve freedom’s Biblical Natural Law principles in this great land. In fact, the average church is so sugary sweet that it is downright sickening!

And the two main reasons for this dereliction of duty by America’s pastors and churches are the IRS 501c3 non-profit tax status, which turns the Lord’s church into a government corporation; and the erroneous, fallacious interpretation of Romans chapter 13 that teaches Christians are obligated to submit to government regardless of whether government acts within the confines and jurisdiction of God’s law or not. In reality, the American church today, on the whole, is not even a church. It is a government corporation whose loyalty is offered first to Caesar, not to Christ, and whose message is first politically correct before it is Biblically correct.Read the entire article

The oversupply of homes once prompted Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc. (BRK/A), to quip in February 2010 that one solution was to “blow up a lot of houses -- a tactic similar to the destruction of autos that occurred with the ‘cash-for-clunkers’ program.’”

July 29, 2011

Bank of America Corp. (BAC), faced with a glut of foreclosed and abandoned houses it can’t sell, has a new tool to get rid of the most decrepit ones: a bulldozer.

The biggest U.S. mortgage servicer will donate 100 foreclosed houses in the Cleveland area and in some cases contribute to their demolition in partnership with a local agency that manages blighted property. The bank has similar plans in Detroit and Chicago, with more cities to come, and Wells Fargo & Co. (WFC),Citigroup Inc. (C), JPMorgan Chase & Co. (JPM) and Fannie Mae are conducting or considering their own programs.
Disposing of repossessed homes is one of the biggest headaches for lenders in the U.S., where 1,679,125 houses, or one in every 77, were in some stage of foreclosure as of June, according to research firm RealtyTrac Inc. of Irvine, California. The prospect of those properties flooding the market has depressed prices and driven off buyers concerned that housing values will keep dropping.
“There is way too much supply,” said Gus Frangos, president of the Cleveland-based Cuyahoga County Land Reutilization Corp., which works with lenders, government officials and homeowners to salvage vacant homes. “The best thing we can do to stabilize the market is to get the garbage off.”

BofA’s 40,000

Bank of America had 40,000 foreclosures in the first quarter, saddling the Charlotte, North Carolina-based lender with taxes and maintenance costs. The bank announced the Cleveland program last month, has committed as many as 100 properties in Detroit and 150 in Chicago, and may add as many as nine cities by the end of the year, said Rick Simon, a company spokesman.

The lender will pay as much as $7,500 for demolition or $3,500 in areas eligible to receive funds through the federal Neighborhood Stabilization Program. Uses for the land include development, open space and urban farming, according to the statement. Simon declined to say how many foreclosed properties Bank of America holds.

Ohio ranked among the top 10 states with the most foreclosure filings in June, according to RealtyTrac. The state has 71,617 foreclosed homes, Cuyahoga County 9,797 and Cleveland 6,778, RealtyTrac said.
The tear-downs are in varying states of disrepair, from uninhabitable to badly damaged. Simon said some are worth less than $10,000, and it would cost too much to make them livable. Read the entire article

Friday, July 29, 2011

(CNSNews.com) - As the United States Postal Service looks at ways to cut budgets and deal with declining revenue, the president of the National Association of Letter Carriers is going against the grain by suggesting the agency should be increasing the services offered, including thwarting terrorists.

President of The National Association of Letter Carriers Fredric Rolando, has several ideas to increase the responsibility of some postal workers. Among them is to outfit postal trucks with sensors so letter carriers can thwart biological terrorist attacks, according to recent reports.

Rolando testified before Congress in March of 2011 that there were lots of ideas for new services that could be provided “adding to what letter carriers already do to protect community and national security."

The role of letter carriers could be greatly changed according to Rolando. During a December 19th, 2010 interview on CNN he said, “They would be the first ones on the scene for disasters and so forth, weather issues. Because they’re the first ones in there, the only ones that can get in to every neighborhood on a daily basis. There’s things they could do with sophisticated scanners because they go everywhere.”

U.S Postal Service truck. (Wikimedia Commons photo)

Rolando says these ‘first responder’ ideas are worth considering rather than the "short-sightedness" of cancelling Saturday delivery from the post office. That’s one of the options being looked at as the United States Post Office tries to make significant changes following the $8.5 billion dollar net loss the organization reported for fiscal 2010.

Wall Street will suffer more than anyone from a default and it will not let it happen. The public should know this, certainly Wall Street does.

No wonder the fatcats running the giant banks which received tens of trillions in bailouts, loans and guarantees from the American public are screaming loudly that the debt ceiling must be raised.
Robert Reich points out:

Why has Standard & Poor's decided now's the time to crack down on the federal budget -- when it gave free passes to Wall Street's risky securities and George W. Bush's giant tax cuts for the wealthy, thereby contributing to the very crisis its now demanding be addressed?

Could it have anything to do with the fact that the Street pays Standard & Poor's bills?

Social Security is not "unfunded" nor is it an "entitlement." That is YOUR money in that trust fund. You worked for it, and it was taken out of all your paychecks your entire working life.

The Social Security Trust fund invested your money by loaning it to the US Government, which is the largest single holder of US Government debt. But the US Government is already in default in fact, as the actual tax revenues have not even come close to the projections on which the budgets were drawn up.

So the US Government has looked at all the entities they owe money to and decided that stiffing the American people is the least likely to cause them harm. They will pay the bankers and they will pay foreign nations and they will continue to bail out Wall Street for the mortgage-backed securities fraud by embezzling your retirement money you gave them in trust. The US Government is robbing you to save the private central bank! [i.e. the big banks. See this and this.]

Federal agency attempts to make firearms retailers spy on their customers under new illegal directive

Paul Joseph Watson & Aaron DykesInfowars.comFriday, July 29, 2011

Even as it finds itself embroiled in a scandal that saw weapons being deliberately sent to criminal gangs in Mexico, the ATF has issued a letter ordering firearms dealers in border states to report sales of two or more semi-automatic rifles, and is following it up by harassing gun owners with intimidating home visits as well as threatening gun dealers to spy on their customers.

The ATF letter also orders gun dealers to report to the feds sales of “two or more pistols or revolvers, or any combination of pistols or revolvers totaling two or more.”

The letter, which was subsequently sent out to gun dealers and has since entered the public domain, orders firearms retailers to “Submit to ATF reports of multiple sales or other dispositions whenever, at one time or during any five consecutive business days, you sell to an unlicensed person or otherwise dispose of two or more semi-automatic rifles capable of accepting a detachable magazine and with a caliber greater than .22 (including .223/5.56 caliber).” The directive takes effect from August 14, 2011.

However, what the federal agency isn’t keen to make public is how its agents are using these reports to make threatening home visits to firearms owners, while ordering gun store owners to become de facto informants by telling them to spy on their customers.

According to several gun dealers in Austin as well as one of our own staff members, the ATF is visiting people’s homes, demanding to be allowed inside without a warrant, and implying that gun owners could be terrorists for purchasing two or more firearms at a time.

Illustrating how lawless this is, a central Texas gun dealer who provided Alex Jones with the ATF letter, contacted Daniel Jones, the head of the ATF in Austin two weeks before receiving the letter to ask about news reports that President Obama was going to order the investigation of citizens that bought two or more rifles. Agent Jones told him “no that law is not going to pass, and we can’t enforce something that isn’t law so don’t worry about it.” Of course, the law didn’t pass but the ATF later enforced it anyway.

Democratic Senate quickly scuttles it

Updated: Friday, July 29, 2011 09:53 PM

The Columbus Dispatch

WASHINGTON -- House Speaker John Boehner persuaded weary fellow Republicans this evening to approve a bill that would allow the federal government to avoid a default next week in return for deep cuts in federal spending and congressional approval of a balanced-budget amendment to the Constitution.

Although the measure was quickly killed by Senate Democrats, it might jar open the door slightly for Boehner and Senate Majority Leader Harry Reid, D-Nev., to forge a compromise that would cut federal spending and raise the government's $14.29 trillion debt ceiling.

The Obama administration has warned that without an increase in the ceiling by Tuesday, the government could default on some of its obligations. Most economists warn that a default could cripple the tenuous economic recovery.

The House passed the bill, 218-210, before the Senate voted 59-41 to discard it about two hours later.Read the entire article

LOS ANGELES (Reuters) - Former President George W. Bush says his apparent lack of reaction to the first news of the September 11 2001 attacks was a conscious decision to project an aura of calm in a crisis.

In a rare interview with the National Geographic Channel, Bush reflects on what was going through his mind at the most dramatic moment of his presidency when he was informed that a second passenger jet had hit New York's World Trade Center.

Bush was visiting a Florida classroom and the incident, which was caught on TV film, and has often been used by critics to ridicule his apparently blank face.

"My first reaction was anger. Who the hell would do that to America? Then I immediately focused on the children, and the contrast between the attack and the innocence of children," Bush says in an excerpt of the interview shown to television writers on Thursday.

Bush said he could see the news media at the back of the classroom getting the news on their own cellphones "and it was like watching a silent movie."

Bush said he quickly realized that a lot of people beyond the classroom would be watching for his reaction.

"So I made the decision not to jump up immediately and leave the classroom. I didn't want to rattle the kids. I wanted to project a sense of calm," he said of his decision to remain seated and silent.

"I had been in enough crises to know that the first thing a leader has to do is to project calm," he added.

The National Geographic Channel will broadcast the hour-long interview on August 28 as part of a week of programs on the cable network called "Remembering 9/11" that mark the 10th anniversary of the attacks.

The interview was recorded over two days in May, without any questions being submitted in advance, the channel said.

National Geographic said Bush gives "intimate details" of his thoughts and feelings in a way never seen before. Most of the interview is about the first minutes and hours of the day that Islamic militants hijacked four planes and crashed into the World Trade Center and the Pentagon.

Executive producer and director Peter Schnall said Bush, who has adopted a low public profile since leaving office in January 2009, brought no notes to the interview.

"What you hear is the personal story of a man who also happened to be our president. Listening to him describe how he grappled with a sense of anger and frustration coupled with his personal mandate to lead our country through this devastating attack was incredibly powerful," Schnall said.

U.S. television networks are planning a slew of specials to mark the 10th anniversary of Sept. 11 attacks. Those on National Geographic also include a documentary on the continuing U.S. war on terror, and stories of ordinary people on Sept, 11 2001 called "Where Were You?"

While publicly fearmongering about a new great depression, the sun failing to rise, and the sky falling if the debt ceiling is not hiked, the Obama administration has been secretly telling big banks that there’s no chance of a default, echoing how the 2008 bailout was sold on hyped threats and intimidation of lawmakers.

The rhetoric was heightened yesterday when White House Communications Director Dan Pfeiffer warned that the GOP’s inability to compromise “could potentially put us towards a depression,” adding, “we are seven days away from an unprecedented financial event in this country’s history.”

Treasury Secretary Tim Geithner, who has been busy hyping the inevitability of a default for weeks, again told news shows Sunday that the government would be unable to pay its bills if an agreement is not reached, a talking point that has been enthusiastically parroted by President Obama.

However, that tone doesn’t quite match with what the Obama administration is simultaneously telling top executives at major U.S. banks, assuring them that “such an event won’t happen.”

“In a series of phone calls, administration officials have told bankers that the administration will not allow a default to happen even if the debt cap isn’t raised by the August 2 date Treasury Secretary Tim Geithner says the government will run out of money to pay all its bills, including obligations to bond holders,” reports Fox Business.Read the entire article

Monday, July 25, 2011

Editor's Note: It is plain to see which Flag is really representing our country. This is why Obama obeyed a U.N. resolution when invading Libya. We are no longer a free country under Sovereignty, but a country ran under the flag and direction of the U.N.!

Anthony ToldaWe Are Change TVJuly 23, 2011
Back in February this year I went to Farmingdale Village Court regarding a ticket I got. I was thinking they would make me an offer, and I would accept the offer and pay the ticket. I noticed a UN flag was displayed standing taller and much larger in dimensions than the American flag. This is illegal, and it implies UN supremacy in an American court.
4 U.S.C. § 7. (c)… No person shall display the flag of the United Nations or any other national or international flag equal, above, or in a position of superior prominence or honor to or in place of the flag of the United States or any Territory or possession thereof….

I decided to plead not guilty and go to trial, and a trial date was to be sent to me via mail. Details of this night back in February and footage of the UN flag are in a video I made the day after.
Fast forward to July 20th 2011 at 7:30pm
I arrived at the trial with a friend to bear witness to the events, as I do not trust this court at all to operate properly.
There was a concert in a town park going on and at the beginning of the court session the band played the National Anthem. I give the Judge credit for telling all to stand and face the American flag.
I noticed that only myself and my witness were standing with our hands on our hearts, and pondered the poetic justice of the moment. Many people were called and plead guilty for reduced fees and charges on their tickets, and eventually only a young woman and I were left choosing to go to trial.
At some point I heard another friend being denied access to the courtroom, but I was not certain until he told me after that he was denied access.
The young woman approached the bench, and I was shocked at how the Judge spoke to her.Read the entire article

China's military is developing electromagnetic pulse weapons that Beijing plans to use against U.S. aircraft carriers in any future conflict overTaiwan, according to an intelligence report made public on Thursday.

Portions of a National Ground Intelligence Centerstudy on the lethal effects of electromagnetic pulse (EMP) and high-powered microwave (HPM) weapons revealed that the arms are part of China’s so-called “assassin’s mace” arsenal - weapons that allow a technologically inferior China to defeat U.S. military forces.

EMP weapons mimic the gamma-ray pulse caused by a nuclear blast that knocks out all electronics, including computers and automobiles, over wide areas. The phenomenon was discovered in 1962 after an aboveground nuclear test in the Pacific disabled electronics in Hawaii.

“For use against Taiwan, China could detonate at a much lower altitude (30 to 40 kilometers) … to confine the EMP effects to Taiwan and its immediate vicinity and minimize damage to electronics on the mainland,” the report said.

The report, produced in 2005 and once labeled “secret,” stated that Chinese military writings have discussed building low-yield EMP warheads, but “it is not known whether [the Chinese] have actually done so.”

The report said that in addition to EMP weapons, “any low-yield strategic nuclear warhead (or tactical nuclear warheads) could be used with similar effects.”Read the entire article

“Mendacity is a system that we live in.”
- Brick, “Cat on a Hot Tin Roof”

In the weird world that is Washington, men and women say things daily, hourly, even minutely, that they know deep down are simply not true. Inside the Beltway, we all call those utterances “rhetoric.”
But across the rest of the country, plain ol’ folk call ‘em lies. Bald-faced (even bold-faced) lies. Those folks have a tried-and-true way of determining a lie: If you know what you’re saying is patently false, then it’s a lie. Simple.

And lately, the president has been lying so much that his pants could burst into flames at any moment.
His late-evening news conference Friday was a tour de force of flat-out, unadulterated mendacity — and we’ve gotten a first-hand insider’s view of the president’s long list of lies.

“I wanted to give you an update on the current situation around the debt ceiling,” Mr. Obama said at 6:06 p.m. OK, that wasn’t a lie — but just about everything he said after it was, and he knows it.
“I just got a call about a half-hour ago from Speaker [John A.] Boehner, who indicated that he was going to be walking away from the negotiations,” he said.

Not so: “The White House made offers during the negotiations,” said our insider, a person intimately involved in the negotiations, “and then backtracked on those offers after they got heat from Democrats on Capitol Hill. The White House, and its steadfast refusal to follow through on its rhetoric in terms of cutting spending and addressing entitlements, is the real reason that debt talks broke down.”

Mr. Boehner was more blunt in his own news conference: “The discussions we’ve had with the White House have broken down for two reasons. First, they insisted on raising taxes. … Secondly, they refused to get serious about cutting spending and making the tough choices that are facing our country on entitlement reform.”

But back to the lying liar and the lies he told Friday. “You had a bipartisan group of senators, including Republicans who are in leadership in the Senate, calling for what effectively was about $2 trillion above the Republican baseline that theyve been working off of. What we said was give us $1.2 trillion in additional revenues,” Mr. Obama said.

That, too, was a lie. “The White House had already agreed to a lower revenue number — to be generated through economic growth and a more efficient tax code — and then it tried to change the terms of the deal after taking heat from Democrats on Capitol Hill,” our insider said.

The negotiations just before breakdown called for $800 billion in new “revenues” (henceforth, we’ll call those “taxes”), but after the supposedly bipartisan plan came out — and bowing to the powerful liberal bloc on Capitol Hill — Mr. Obama demanded another $400 billion in new taxes: a 50 percent increase.

Mr. Boehner was blunt: “The White House moved the goalpost. There was an agreement, some additional revenues, until yesterday, when the president demanded $400 billion more, which was going to be nothing more than a tax increase on the American people.”Story Continues →View Entire Story

Sunday, July 24, 2011

JULY 8- About 131 children from Nsanje who fled into neighboring Mozambique during the anti measles vaccine a few months ago were vaccinated this week at gunpoint.

The children, belonging to Zion and Atumwi Churches were taken into Mozambique by their parents to hide them from officials fearing they might get vaccinated.

According to Dr Medison Matchaya District Health Officer for Nsanje, medics went to vaccine the children in Nsanje under police escort.

“We were alerted that some children who were hiding in Mozambique were back in the country and we asked police to escort the health officials in order to vaccinate them and we have managed to vaccinate about 131 children,” said Matchaya.In a related development Mchinji Third Grade Magistrate Court has sentenced Appolo Chitsonga of the Seventh Day Apostolic faith to two years imprisonment for refusing his three children to access measles vaccine.[...]
Magistrate Robert Mbewa, found Chitsonga guilty of an offence of endangering life by failing to supply necessities of life to a person under ones care without lawful excuse according to section 242 of the penal code.

It's been 30 years since Colombian soldiers kidnapped, beat, tortured, starved and electro-shocked Hector Aristizabal — but it's a memory he lives with everyday. Aristizabal said the Colombian military held and tortured him for ten days, all for having a "subversive book."

"Few people have survived torture in Colombia, so I am very lucky to tell this story. Most people get tortured for ten days, that's the standard, and then they get shot and killed," said Aristizabal. "Many have been disappeared — more than 80,000."

Aristizabal says that the Colombian soldiers who tortured him and later killed his brother were trained right here on American soil, at the School of the Americas in Fort Benning, Georgia. Retired Army Major Joseph Blair was an instructor at the School of the Americas, which has since been renamed the Western Hemisphere Institute for Security Cooperation.

"I was very much in favor of the School of the Americas during the Cold War era," Major Blair said. But Major Blair said he was horrified to learn of what his former students did with their anti-communist training in their own countries. "The classified manuals that the Army School of the Americas used had the words interrogate, extortion, assassinate, neutralize — in common layman's terms, it all equates to torture," Blair said.

Graduates from the School of the Americas have been implicated in massacres and torture throughout the hemisphere — including the murder of six Jesuit priests and four American churchwomen in El Salvador.
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Things seem to be progressively getting worse for the middle class as most of the debt ceiling talks revolve on sticking it to working Americans as if they were financially able to handle any more austerity moving forward. While the too big to fail banks swim around in pools of bailout money like Scrooge McDuck both sides seek to squeeze more pennies out of working class Americans. One way that the middle class has been hammered over the past few decades comes from the way wemeasure inflation. The CPI measure through the Bureau of Labor and Statistics does not even examine actual home ownership carrying costs and uses a very open method of calculating home costs by using an owner’s equivalent of rent. This is why during the most obvious housing bubble in history home prices seemed to be increasing at a moderate pace according to the CPI while the more accurate Case Shiller Index was registering annual increases of 15 percent or more. This is important because so much rides on accurately measuring inflation in our country and more is trying to be done to stifle information that reflects the real changes to our overall economy.Inflation growing slowly if we exclude food and energy

Click on Image to enlarge

I always find it amazing how some pundits like to remove food and energy from measuring the CPI yet so much spending goes into these two items. This is also important since stagnant paychecks don’t go as far in covering these monthly budget needs. As we go forward we start getting a more inaccurate perception of inflation. For example, housing is the biggest item in the CPI because most Americans spend the largest amount of money on housing per month. So with that said, you would expect an accurate reflection in the CPI for housing. But if we look at the CPI housing measure versus the Case Shiller Index we realize a serious problem is occurring:
This is such an important item to look at because so much rides on this measurement. TheFederal Reserve based much of their low rate Fed Funds policy on the notion that no inflation was occurring in housing that was out of the norm. It was clear that even early in the 2000s home prices were already far outstripping the overall CPI measure. We can say that this was merely a once in a lifetime bubble and we have now learned our lesson. But even with the full acknowledgment of the bubble, nothing has been done to fix the measure! In fact, there is now a push to use a “chained CPI” that will make inflation seem even lower moving forward:

“(WSJ) One proposal in the budget talks that is getting a serious look from all sides would switch the government’s way of measuring inflation and delivering a big impact on tax, spending, and entitlement programs.
How big? It could save roughly $300 billion over 10 years. That big.
The idea of using this different measure of inflation, known as a “chained” Consumer Price Index, has won support from numerous deficit-reduction commissions as well as many liberal and conservative economists.”

It should be no surprise that both political parties are onboard on this move since they are simply looking at ways to simply chop at the middle class while protecting the financial elite. All of sudden these people have conservative attitudes toward finance yet were funneling trillions of dollars to banks with no abandon.Read the entire article

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Most Corrupt States in U.S.

From bribery and kickbacks, to embezzlement and election crime, the American politician has been involved in them all. While some states with more politicians can be expected to have more corruption, as these graphics show it is not always the case.

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